US government backs global minimum tax
Yellen in G20 talks on deal to update tax rules for first time in generation
07 April 2021 - 09:00
Paris/Washington — US treasury secretary Janet Yellen has thrown the weight of the US government behind a push for a global corporate minimum tax rate, possibly carving a path to a long-sought deal updating international tax rules for the first time in a generation.
Yellen said on Monday that she is working with Group of 20 (G20) countries to agree on a global minimum, which she said could help end a “30-year race to the bottom on corporate tax rates”...
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